Fantom General Update | December 05 2022
Your snapshot of the key events in the Fantom ecosystem in the last two weeks.
New governance proposal: dApp Gas Monetization Program
The proposed gas monetization program will reward high-quality dApps to retain and grow the talented builder base in the Fantom ecosystem.
If passed, this implementation will reduce Fantom’s burn-rate of 20% to 5% and redirect this 15% reduction towards gas monetization. This gas monetization will reward high-quality dApps, retain talented creators, and support Fantom’s network infrastructure.
🗳️ Learn more and vote here
Fantom: An inside financial peak at being a crypto company
Andre Cronje transparently shows the financial history of the Foundation’s treasury.
Fantom: an inside financial peak at being a ‘crypto company’ https://t.co/opTQKairAq
— iamdefinitelyandre.ftm (@AndreCronjeTech) November 28, 2022
Fantom just arrived on Ledger Live!
Users can now send, receive & view their FTM directly through the Ledger Live app.
Fantom Research Article: The FVM
Learn how the FVM addresses key challenges of blockchains to evolve Fantom into a massively scalable Layer-1, with the same rapid finality and low fees.
Applications for Gitcoin Grants Round 1 are now closed
Starting December 12, the registered projects can receive user contributions which get matched with 125,000 FTM from the Foundation via a quadratic funding mechanism.
Vertical Blocks EP #09
Vertical Blocks EP #10
ONTO Wallet integrates Fantom mainnet
The newest version of the self-custody ONTO wallet adds native support for FTM and a range of Fantom-based tokens.
Fantom reached more than 420,000,000 transactions in total.
- Mt. Gox’s Mark Karpelès on Navigating Crypto Exchange Bankruptcy
- ZK Basics and Virtual Machines
- Frequent batch auctions
🔦 NFT artist spotlight: Funeral
🗳️ A community-created infographic explaining the new governance proposal
NEW GOVERNANCE PROPOSAL ON FANTOM
dApp Gas Monetization Program, a new proposed program to reduce % of gas fees burned to allocate to talented builders and to support #Fantom's network infrastructure.
This article will make it easier for you to understand this proposal 😎$FTM pic.twitter.com/gGlpwDZXPz
— Fantom Talk (@FantomTalk) December 1, 2022
🎧 Fantom x Gitcoin Twitter Space
— Fantom Foundation (@FantomFDN) December 1, 2022